Business news from Ukraine

AGRICOM GROUP EXPANDS LAND BANK BY 10,000 HA

16 August , 2016  

KYIV. Aug 16 (Interfax-Ukraine) – Agricom Group has expanded a land bank by 10,000 ha, to 40,000 ha thanks to the acquisition of a cluster on the border of Rivne and Zhytomyr regions.

The company said in a press release that the enterprises of the new cluster will plant wheat, soybeans and rapeseeds.

“This year we will start working – in autumn the fields will be planted with winter crops. Next phase is building the storage and processing capacities on the territory of the cluster,” Agricom Group Executive Director Petro Melnyk said.

Аgricom Group produces and distributes food made of grain at own production base. It unites agricultural, processing and trade enterprises.